Smart Business Magazine, May 2019

May 2019 Smart Business Cleveland 39 The Witness Group is constructing a four story Residence Inn by Marriott extended stay hotel on 43 acres in Middleburg Heights Replacing a former Residence Inn property in the city the new hotel is designed to not only meet but exceed the latest Marriott design standards Amenities within the 90000 square foot space will include large suites with full kitchens meeting rooms a gift shop indoor pool fitness center business computer center patio area sports court free Wi Fi and free parking The project was made possible by a public private partnership between the city of Middleburg Heights and The Witness Group The latter overcame challenges in development of the land specifically in the area of soil stabilization through a uniquely structured Job Creation Grant agreement with the city to ensure the project achieved adequate financing In addition to the hotel The Witness Groups scope includes construction of a 12000 square foot retail outbuilding along Bagley Road that will accommodate three restaurants and one retail unit to complement the hotel The total development project reflects an 18 million investment in Middleburg Heights Residence Inn by Marriott Hotel and Retail Building THE WITNESS GROUP Ohm Patel CEO Construction of the Bowery District a project consisting of the rehabilitation of six historic buildings into a significant mixed use complex for residential office and retail use is under way A 42 million investment in Akron each initiative in the project will transform a long vacant highly visible and underutilized area of the citys urban core The districts anchor tenant will be the 200 seat Civic Auditorium Its projected the theater will add 100 new events each year contributing to the districts collective force of amenities and bringing additional people to downtown Akron to promote growth particularly within the South Main Street corridor The development project will also create 92 new apartment units helping to meet strong demand for additional downtown housing as well as additional retail and boutique office spaces Spearheaded by the Bowery Development Group in cooperation with the city of Akron Development Finance Authority of Summit County and community partners the Bowery District is expected to be completed at the end of 2019 The completed complex will generate new taxes from operations and foster job creation to benefit the region at large The Bowery District BOWERY DEVELOPMENT GROUP LLC Donzell S Taylor Principal

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